AMTEX 2018 showcases technological innovations

AMTEX 2018, the biennial machine tools and engineering exhibition in India themed on Man, Machine and the Future held at Pragati Maidan, New Delhi. This edition showcased the latest innovations and dedicated solutions that will address the growing needs of the machine tools industry from the Netherlands, Italy, South Korea, China, Germany, and Taiwan. The four-day event specially focused on automotive, power, electrical equipment, textile machinery and consumer goods industry. The major highlights of this edition was the presence of three concurrent shows, dedicated to quality, metrology, tooling, automation and robotics.

R Panneer Selvam, Principal Director, MSME - Technology Development Center, said while inaugurating the exhibition, ?AMTEX is a great platform to bring together industrialists and knowledge leaders from the machine tools and engineering sector. With India focusing on innovation and Indian products through initiatives like Make in India coupled with growth in manufacturing that are eventually boosting newer and unique Indian ventures. The reduction in corporate tax to 25 per cent for turnover up to Rs 2.5 billion, would also benefit some of the major machine tool manufacturers in the country and contribute towards its growth.?

Cyril Pereira, Managing Director, Reed Triune Exhibitions, said, ?We are delighted to present the 11th edition of AMTEX which has grown into a premium destination for industry leaders from the machine tools and engineering sector. It will be the perfect platform for the manufacturing fraternity at large, who can be sure to find the right solution to their business needs. India is poised to grow from currently being 12th in production and 8th in consumption (Gardner Survey 2017) and for this the industry needs to develop capabilities to cater to this demand and investments for long term benefits in the economy.?